Members’ Contribution. Pursuant to the Contribution Agreement, the Initial Member made a Capital Contribution to the Company in an amount equal to the Initial Member Capital Contribution. In connection with the Transferred LLC Interest Sale Agreement, Private Owner acquired from the Initial Member the Transferred LLC Interest representing a forty percent (40)% equity interest in the Company in exchange for the Transferred LLC Interest Sale Price. After giving effect to the foregoing transactions, (and to the Capital Contributions referenced in Section 5.2 below), the respective Capital Accounts of the Initial Member and the Private Owner as of the Closing Date are as set forth in the Annex I (the Member Schedule).
Members’ Contribution. Except as set out in this clause 6 and except for each Member’s obligation to contribute up to £100 to the assets of the Company if the Company is wound up while it is a Member or within one year after it ceases to be a Member, no Member shall (unless otherwise agreed) have any other obligation to provide funds to the Company.
Members’ Contribution. (a) The Members jointly and severally agree that, if one or more Key Employees do not execute Net Exercise Amendments within 10 days after the delivery of the Offering Memorandum to them, then if the Company shall determine to convert any Company Options held by such Key Employee into unit appreciation rights, the Members shall contribute to the Company prior to the Closing Date cash in an amount necessary to satisfy the Company's obligations under the applicable Net Appreciation Amendments entered into by such Key Employees or otherwise necessary to satisfy the Company's cash obligations, if any, to such Key Employees upon exercise of the Key Employees' Company Options prior to the Effective Time.
Members’ Contribution. As a member you will have to pay a contribution. The amount of this contribution is determined by your employer, possibly in consultation with the trade unions. For 2022 the member’s contribution is 7.5% of the contribution base, this base being equal to the pensionable annual salary (with a maximum of € 54,200) minus an amount of € 16,200. The member’s contribution that you have to pay will be deducted from your gross monthly salary.
Members’ Contribution. Effective January each member, his membership in the plan shall contribute to the pension plan an amount equal to: of pensionable for the year. Effective January each member, during his membership in the plan shall contribute to the pension plan an amount equal to: of pensionable earnings for the year. A member’s contributions shall be deducted directly from salary and shall be deposited monthly the Pension Fund. No employee shall withdraw contribulions from the Pension Plan as long as is actively employed by the Company. A member shall not be entitled to a refund of to the Pension Plan a layoff period, except if recall rights have expired according to the Collective
Members’ Contribution. MEMBERS contributions will be individual, based upon the budgeted employee payroll. Annually, at the anniversary of the contract, an audit will be conducted to determine the actual payroll and contribution for each MEMBER. Adjustments to projected contributions will be based upon the audit. Contribution rates approved by the TRUST will be used to determine standard contributions for each MEMBER. In a MEMBERS initial year, such MEMBERS experience modification, as established by the National Counsel of Compensation Insurance, will be used. If no modification rate has been established, the Claims Administrator will provide an experience modification factor.
Members’ Contribution. Pursuant to the Contribution Agreement, the Initial Member made a Capital Contribution to the Company in an amount equal to the Initial Member Capital Contribution. In connection with the Transferred LLC Interest Sale Agreement, Private Owner acquired from the Initial Member the Transferred LLC Interest representing a fifty percent (50)% equity interest in the Company in exchange for the Transferred LLC Interest Sale Price. After giving effect to the foregoing transactions, the respective Capital Accounts of the Initial Member and the Private Owner as of the Closing Date are as set forth in the Annex I (the Member Schedule).
